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"Limited Edition"??!!?! Really?!? Slight Squier Rant upcoming.....

#62
covermego said:
I bought a Squier Classic Vibe Sonic Blue "Limited Edition" Precision bass. You know, the one that has the matching headstock? Yep, that one. Nice bass and I kinda jumped at the chance of picking one up for a pretty nice discount when it popped up on GC. It really is a very nice bass and I had thought of just holding onto it for when they became hard to find. Yes, there is my confession, lol. I figured if it was nice and light for this old guy's back, I'd hang onto it. It's just a hair over 8lbs, so not real bad, but I decided to just keep it in the box and see if I could resell it down the road.... figured I could at least get my initial investment back, right?
Well, that was A YEAR AND A HALF AGO !!!!! Looks like Squier is still having sales on this "limited edition"!! MF has them for $349 !!
A little back story : I had bought a MIM Fender Mustang bass "Player" series that was all-black with the ebony fretboard. First model was junk; sent it back. The second one was a beauty. I gigged it twice before COVID19 put a halt to everything. Those, too, were on sale as a limited edition. Bought it for approx $549 and when I decided to sell it (never played it after those 2 gigs) I got $950.00 for it! The buyer was elated to find one in flawless condition, so we were both happy.
So anyway, I thought this Sonic Blue beauty would either be perfect for me or I could get maybe a few bucks more. Shame on me for even thinking that, lol.

All that to ask the question: At what point does a manufacturer draw the line on the classification of "Limited Edition"? This Precision ain't no limited edition! I'll bet every household in the USA has one sitting in their smoking parlor right about now! Sheesh!!!
-RANT OVER- -For Now-
Laughing at myself, I remain,-Lenny
View attachment 5257490
Click to expand...

Up to a hundred K I would guess…I never was one for buying instruments (Gear) for the speculative purposes. I don’t buy instruments to make money marketing them , I buy them to make art that is salable.
 
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#64
covermego said:
I bought a Squier Classic Vibe Sonic Blue "Limited Edition" Precision bass. You know, the one that has the matching headstock? Yep, that one. Nice bass and I kinda jumped at the chance of picking one up for a pretty nice discount when it popped up on GC. It really is a very nice bass and I had thought of just holding onto it for when they became hard to find. Yes, there is my confession, lol. I figured if it was nice and light for this old guy's back, I'd hang onto it. It's just a hair over 8lbs, so not real bad, but I decided to just keep it in the box and see if I could resell it down the road.... figured I could at least get my initial investment back, right?
Well, that was A YEAR AND A HALF AGO !!!!! Looks like Squier is still having sales on this "limited edition"!! MF has them for $349 !!
A little back story : I had bought a MIM Fender Mustang bass "Player" series that was all-black with the ebony fretboard. First model was junk; sent it back. The second one was a beauty. I gigged it twice before COVID19 put a halt to everything. Those, too, were on sale as a limited edition. Bought it for approx $549 and when I decided to sell it (never played it after those 2 gigs) I got $950.00 for it! The buyer was elated to find one in flawless condition, so we were both happy.
So anyway, I thought this Sonic Blue beauty would either be perfect for me or I could get maybe a few bucks more. Shame on me for even thinking that, lol.

All that to ask the question: At what point does a manufacturer draw the line on the classification of "Limited Edition"? This Precision ain't no limited edition! I'll bet every household in the USA has one sitting in their smoking parlor right about now! Sheesh!!!
-RANT OVER- -For Now-
Laughing at myself, I remain,-Lenny
View attachment 5257490
Click to expand...
Fender does it often enough.
This was a limited run bass for three years or more.
 
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#70
bwildt said:
Don't forget inflation eating into your "investment". Here's an example I gave a while ago:

In 1979, I bought a Peavey T-40 bass (still have it) for $350. The used market for these hovered around that same price for years. Now they have been "rediscovered" and priced around $1000. Great! If I sell it, I make money!

Wait a minute. To buy a bass that was $350 in 1979 would cost $1480 today. My actual buying power has lost $480 if I want to replace that bass. ...
Click to expand...

okay, but ... if one had put the $350. in a jar instead of buying the bass, and one had kept that jar until today as you have your bass, one finds their buying power has eroded down to $102. over the years. so net buying power loss of about $130, or about 3 bucks a year, from buying the bass ... life is better with a bass 8-)
 
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#71
I did not pay above retail at the time they were released, but did/do expect it to be worth more that a "regular" GL USA JB (only 50 sold in US, 100 produced WW).
DSCN4291.JPG
Cathie only made 20 in this series, and it gets treated accordingly.
DSCN1989.JPG DSCN1990.JPG DSCN1991.JPG
I do feel that a "genuine" limited edition/production/mintage piece is worth some "premium", but I also come from a Numismatics viewpoint, where Mintage trumps just about everything.

In this case, the term "limited" may not be "genuine"?...
 
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#72
I bought a "limited edition" MIM P that was finished in a color called Ocean Turquoise with a tort guard and maple neck. My local GC had one that had a few dings but said they could order me a new one. It was a limited run of 242 basses, never to be repeated, etc. I think this was 2018 and they had the exact same "limited" bass for sale a few more times since then.
Turns out I ended up buying the one they had in stock and it turned into a really nice instrument.
 
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#80
Spectrum said:
You should've gotten a Cordoba instead. Without the rich Corinthian leather it's just not worth as much.

iu
Click to expand...
Mitigate investment losses by recycling those seats into guitar straps. Could probably cut a hundred or so out of those.

The seat belts too. If it has any.

And those headlights are likely dimmer than the LEDs on my amp.
 
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